Technology
Proactis
Year
2016
Transaction type
Public M&A
Sector
Technology
finnCap have advised PROACTIS Holdings PLC, the specialist Spend Control software provider, on their acquisition of Millstream Associates Limited.
Rod Jones, Chief Executive of PROACTIS, said:
“Millstream is a clear complementary fit to the Group and we are very pleased to have completed the acquisition, which marks the next step in our growth strategy. We are excited by the potential upside with cross-selling opportunities into both the PROACTIS and Millstream customer bases. This acquisition enhances our scale and broadens our capabilities and we look forward to integrating Millstream into our business.”
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